Ethereum

Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person


Finance

DeFi Market Rebounds to $50B as Speculators Hunt for Yield

An uptick across Solana-based protocols coupled with more than $700 million in deposits to Blast has fueled growth of the value locked in decentralized finance.

DeFi TVL and volume (DefiLlama)

Consensus Magazine

LOGIK: Tieshun 'Pacman' Roquerre 'Knows His S--t'

The artist made an NFT of the Blur and Blast founder for our Most Influential package.

Logik, artist for the NFT.

Tech

Mantle Releases Liquid Staking Protocol, Expanding Beyond Layer-2 Operator

The release will be the second core product in the Mantle ecosystem, and comes just 6 months after the Mantle Network went live.

Mantle Chief Alchemist Jordi Alexander (Mantle)

Tech

Protocol Village: ARPA's Random Number Generator Launches on Base

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Tech

Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.

A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)

Videos

Ethereum Average Gas Fees Touched Highest Level in Six Months: Kaiko

DeFi activity is picking up, according to a recent report by blockchain analytics platform Kaiko. Wallet data shows the average gas fees on Ethereum touched the highest level in roughly six months recently. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

Tech

Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact

Blast's invite mechanism could be either the best way to add new users or a pyramid scheme, depending on whom you ask.

fireworks

Tech

Protocol Village: Serenity Shield Launches 'StrongBox' for Data Storage, Inheritance Transfers

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Tech

New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live

Blast boasts prominent investors Paradigm and "eGirl Capital" members among others, but there’s no way to withdraw funds until February.

(CHUTTERSNAP/Unsplash)